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Porsche Taycan Avoids Axe, Electric Boxster and Cayman Still Going Ahead

Michael Leiters said Porsche will build the model because it is the best economic option, with a reveal possible later this year and production due in 2027.

  • Porsche CEO Michael Leiters confirmed last week that the electric 718 sports car is moving forward, ending months of speculation. The model could be revealed later this year, with production expected in 2027.
  • Leiters described the vehicle as the "best solution economically," noting the project shares an electric platform with an upcoming sports car from Audi. This architecture preserves the low seating position of combustion predecessors.
  • The 718 remains a critical entry-level offering attracting new buyers below the expensive 911. Porsche delivered just under 280,000 vehicles globally in 2025, with 22.2% fully electric, navigating a choppy transition to battery-powered models.
  • Porsche is prioritizing "more flexibility" in its broader electrification strategy, with Leiters continuing to advocate for renewable "e-fuels" made from captured CO2 as part of a diversified approach.
  • Together with the Taycan and Macan Electric, the new 718 should bolster EV sales through 2027, positioning Porsche to offer one of the industry's broadest premium electric portfolios.
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Porsche Taycan avoids axe, electric Boxster and Cayman still going ahead

Porsche's CEO has quashed reports the company will axe its first EV, the Taycan, while also confirming the electric 718 Boxster and Cayman remain on track.

·Osborne Park, Australia
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elektroauto-news.net broke the news on Tuesday, August 4, 2026.
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